Small Business Loans

How do small business loans work and is it right for your business?

24 reviews

Our reviews are based on realtime feedback 

Our reviews are based on realtime feedback 

Small business loans are a way SMEs can get an easy, low cost cash injection into their business. These loans can be used for any business purpose, from hiring new staff and boosting cash flow to purchasing machinery or covering surprise costs. Small business loans are available as both secured and unsecured.

How do Small Business Loans work?

Like most types of finance, small business loans work by a lender giving a business money upfront which is then repaid month by month at an agreed rate over a fixed period of time. Small business loans cover a variety of funding options for SMEs, including secured and unsecured business loans, fast business loans and invoice financing.

Is a Small Business Loan right for my business?

Short terms business loans offer SMEs with a quick and convenient method of injecting money into their business which can help keep cash flowing and accelerate growth. They’re particularly good for businesses with adverse credit history with many options not requiring full credit checks. You may also not need to secure your assets against a loan.


What are the main pros and cons of a small business loan?

Pros

    • Quick and affordable way to get a cash injection into your business
    • No need to secure the loan against your assets in most cases
    • Don’t always require in depth credit checks

 

Cons

    • If you have a low credit score, you may have to pay more to borrow the money as you are a bigger risk to the lender.
    • Try to keep the repayment terms as short as you can to avoid paying lots of interest over a longer term.

  • Have you thought about Invoice Finance as a small business loan alternative for your business?

    Invoice finance providers help business owners leverage their unpaid invoices in order to provide an instant cash injection into the business. Lenders release up to 90% of a business’s invoice straight away, and on payment of the invoice from their customers, will release the final amount, minus any fees and charges. 

    As well as boosting your cashflow without having to wait up to 120 days for customers to pay you, invoice finance providers will also chase your invoices for you.

    We are an invoice financing company who offer a solution whereby payments are collected on your behalf managed by our team of expert credit controllers so you can focus on running your business. Our Confidential Invoice Discounting solution is offered to businesses who want to maintain their own credit control processes, therefore this remains strictly confidential so your customers are unaware of our involvement.

    The benefits of invoice finance companies such as Hitachi Capital
      • Boost your cashflow without having to wait up to 120 days for your customers to pay you
      • An invoice finance company with a revolutionary digital onboarding process, giving you quicker access to funds and the ability to take on new business remotely during this lockdown period
      • Release up to 90% of the invoice straight away, and the final 10% when the invoice is settled
      • No need to chase your invoices, we can do it for you
      • 6 month trial period followed by a rolling contract

Get a quote online or call 0808 250 0859

We will use your details to contact you in relation to this enquiry only.


We have revolutionised invoice finance with our digital onboarding process


We are an award winning invoice finance company

Best Invoice Finance Service 2021

Highly Commended Factoring Provider 2021

Best Invoice Discounting Provider 2020


4.7/5

Read out latest client reviews


Please note that costs are an estimate only and are based on the entered values. Your final quote may change once a Business Development Manager has assessed your business in more detail.

Get a quote now Check Eligibility

Why choose Hitachi Capital Invoice Finance as an alternative to a Small Business Loan

      • A 6 month trial period so you can be sure the product is right for you
      • Followed by a 6 month rolling contract – we don’t tie our clients in for long periods
      • A one fee solution with no hidden fees
      • Award-winning client service by our team of expert Client Managers
      • Our Relationship Management team are in the field to visit you in person
      • We are part of Hitachi Capital (UK) PLC, a company that is going from strength to strength – we’re here for the long term.

Smarter, Faster and Simpler Cashflow Finance with Hitachi Capital

Smarter, Faster and Simpler Cashflow Finance with Hitachi Capital

Smarter, Faster and Simpler Cashflow Finance with Hitachi Capital

Find out how we are revolutionising the way UK SME's access cashflow finance.


Get a quote

Contact our friendly UK advisors on freephone

0808 250 0859

08.45 - 17.15 Monday to Friday